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speaker boehner says he's the most reasonable responsible person in washington. how about the lawmakers he is will happen. seven trillion in tax hikes over a decade. 88% of households face higher taxes. the average household will bay $3500 more in taxes. unemployment could rise above 9% by the end of the year, and the global economy could fall back into recession. mr. president sounded committed to making it work when you suppose on friday. >> i'm not wedded to every detail of my plan. i'm open to compromise. i'm open to new ideas. >> and speaker boehner, you sounded like you were open to reason too. >> mr. president, the republican majority here in the house stands ready to work with you. >> even senator reid says he's ready for some bonding. >> it's better to dance than fight. >> congress has less than two months to prove it. the lame duck congress has the last chance to get in the history books for the right reason. the president is is reelected. that fight is over, get the message congress, accept some revenue, and go home with pride
speaker boehner says he's the most reasonable responsible person in washington. how about the lawmakers he is will happen. seven trillion in tax hikes over a decade. 88% of households face higher taxes. the average household will bay $3500 more in taxes. unemployment could rise above 9% by the end of the year, and the global economy could fall back into recession. mr. president sounded committed to making it work when you suppose on friday. >> i'm not wedded to every detail of my plan....
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do you think john boehner and you know john boehner, the speaker of the house, do you think he can do with this present what gingrich and clinton did back in the '90s after the president was re-elected? >> well, i do. i think it's essential that he also understand his own caucus and i think when the election is done, remember they were trying to defeat the president. that has failed. so it's incumbent upon them now to realize there's per i will avoiding the message of the voters because the voters have spoken. also the senate democrats picked up seats across the country. now they're one region. so they're clear about that. and the president's always going to be open to different ideas, but not change the goals. and the goal is not just an economic strategy based on austerity, but one that is pro-growth, pro-middle class, that allows job creation while you're bringing fiscal discipline to washington. it's not one or the other, it's both. and obviously john boehner is wanting to work with the president. he's already expressed some opening to go that. it's going to take a while to get th
do you think john boehner and you know john boehner, the speaker of the house, do you think he can do with this present what gingrich and clinton did back in the '90s after the president was re-elected? >> well, i do. i think it's essential that he also understand his own caucus and i think when the election is done, remember they were trying to defeat the president. that has failed. so it's incumbent upon them now to realize there's per i will avoiding the message of the voters because...
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i'm encouraged by what speaker boehner said about revenues. he may have hedged that a little bit in the last 24 hours and may want to see where he can get it from tax reform first, but ultimately, republicans are acknowledging which is a good sign that there has to be revenue as part of this deal. same thing on the democratic side -- >> you think it's posture right now, some of this stuff we're hearing? >> i think it's what harry reid said. there's a lot of dancing going on but i think we'll get to the fixing pretty soon. >> gloria, everyone sees the fiscal cliff coming here. how much can congress get done in the lame duck especially if they are only going to give it a week or so? >> you know, that's a big question. look, there are two things to consider here. first of all is the question of the bush tax cuts for the wealthy expiring. the president has said that's going to happen and that's the real stumbling block here before you get even to the larger question of the fiscal cliff. everybody knows in the larger package, everybody wants to do
i'm encouraged by what speaker boehner said about revenues. he may have hedged that a little bit in the last 24 hours and may want to see where he can get it from tax reform first, but ultimately, republicans are acknowledging which is a good sign that there has to be revenue as part of this deal. same thing on the democratic side -- >> you think it's posture right now, some of this stuff we're hearing? >> i think it's what harry reid said. there's a lot of dancing going on but i...
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i'm encouraged about what speaker boehner said about revenues. may have hedged that a bit in the last 24 hours. may want to see where he can get it from tax reform first, ultimately, republicans are acknowledges, which is a good sign, there has to be revenue as part of the deal. >> you think it's posturing right now? >> i think it's what harry reid said. a lot of dancing going on. but i think we'll get to the thick pretty soon. >> everybody sees the fiscal cliff coming. how much can congress get done, especially if they only give it a week or so? >> that's the big question. two things to consider here. first is the question of the bush tax cuts for the wealthy expiring. the president has said that's going to happen, and that's the real stumbling block here, before you get even to the larger question of the fiscal cliff. everybody knows in the larger package, everybody wants to do tax reform, mitt romney proposed capping deductions, for example, during a campaign, something republicans might be able to sign on to, but even before they get to tax r
i'm encouraged about what speaker boehner said about revenues. may have hedged that a bit in the last 24 hours. may want to see where he can get it from tax reform first, ultimately, republicans are acknowledges, which is a good sign, there has to be revenue as part of the deal. >> you think it's posturing right now? >> i think it's what harry reid said. a lot of dancing going on. but i think we'll get to the thick pretty soon. >> everybody sees the fiscal cliff coming. how...
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so john boehner is the most reasonable, responsible guy in washington, according to john boehner. do you agree with that? >> well, you know, it's a new day. and perhaps there's a new john boehner. you know, i'm optimistic, and i think that, you know, elections clarify things and so i think this shows a very positive willingness to make a deal perhaps. >> ana, do you agree with that? >> well, zoraida, let's remember what the house of representatives is like. so it's not a high threshold to be the most responsible person in washington. but i do, you know, i do think that john boehner is doing everything he can to signal he's willing to work to the. i think he received a message that the american people said that they want to see some cooperation. and i do think john boehner is a businessman, a business oriented person who understands the economy, and understands that solving the fiscal cliff would be an important part of not having the economy go off a cliff again. now the big question is, okay, so john boehner thinks he's the most responsible person in washington. will his republic
so john boehner is the most reasonable, responsible guy in washington, according to john boehner. do you agree with that? >> well, you know, it's a new day. and perhaps there's a new john boehner. you know, i'm optimistic, and i think that, you know, elections clarify things and so i think this shows a very positive willingness to make a deal perhaps. >> ana, do you agree with that? >> well, zoraida, let's remember what the house of representatives is like. so it's not a high...
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boehner said he would not do that. he would not support it, harry reid said democrats would insist on those taxes being raised. >> all i would suggest is that every bipartisan group has looked at this, the gang of six. three republicans, three democrats, simpson-bowles rejected higher tax rates. they raised revenue by eliminating deductions and exemptions. taking that revenue back into the treasury, applying it to the debt and buying down rates to create economic growth and some future economic growth -- >> does that really get you where you need to be on deficit reduction? >> oh, absolutely it does. it absolutely does. there's a trillion dollars we give away every year through the tax code. apply some of that to debt and future economic growth sets some of that aside to get out of debt. raising tax rates was rejected by simpson-bowles and the gang of six. there will be no republican that will go down that road because it will hurt job creation. tax policy and job creation go hand in hand. >> this president got re-elec
boehner said he would not do that. he would not support it, harry reid said democrats would insist on those taxes being raised. >> all i would suggest is that every bipartisan group has looked at this, the gang of six. three republicans, three democrats, simpson-bowles rejected higher tax rates. they raised revenue by eliminating deductions and exemptions. taking that revenue back into the treasury, applying it to the debt and buying down rates to create economic growth and some future...
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you do ee eer boehner who said he wants to be conciliatory. the burden is on the president of the united states and even a bit more so than usual, speaker boehner feels burned by the last time they went down the path. he thought he had a deal with the president. and he thinks the president walked away from it. is this a game of chicken? who blinks first? the president gives up higher taxes on the rich. republicans give up something on the short-term and more on the long-term. that is going to be the dance and the stakes are pretty normous. >> candy, can you see where the president gives up higher taxes on the wealthy? he did get re-elected on this and he's been clear on this issue. this was a major thing that he ran on. yes, and he said if he got a bill that did not include the end of tax hikes for the wealthy, he would veto it. but that was preelection this is post election. you know the pressure i think is on all of them but let's remember the pressure for the president. one of the things that is difficult about a coalition that puts you in
you do ee eer boehner who said he wants to be conciliatory. the burden is on the president of the united states and even a bit more so than usual, speaker boehner feels burned by the last time they went down the path. he thought he had a deal with the president. and he thinks the president walked away from it. is this a game of chicken? who blinks first? the president gives up higher taxes on the rich. republicans give up something on the short-term and more on the long-term. that is going to...
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>> the question is is, what is speaker boehner saying? he really talking about a balanced approach or what he used to talk about and republicans have claimed, which is another round of tax breaks for wealthy people will somehow trickle down, magically boost the economy so much that it will pay for itself and not increase the deficit. we know that doesn't work. and if that's what speaker boehner's talking about, then really, it's not going anywhere. now, if he's talking about what we call genuine budget revenue, that's a different story and if that's the case, i'd love to see his proposal. the president has put his on the table for revenue. let's see speaker boehner's proposal. he wants to do this in the open. let's see it. >> of course, he and the president had a deal and fingers can point all kinds of ways, but that failed. let's hope they can. but who's going to take the lead in negotiations on your side? is it going to be somebody who has been rather polarizing like nancy pelosi or someone else? >> during the talks between the speaker
>> the question is is, what is speaker boehner saying? he really talking about a balanced approach or what he used to talk about and republicans have claimed, which is another round of tax breaks for wealthy people will somehow trickle down, magically boost the economy so much that it will pay for itself and not increase the deficit. we know that doesn't work. and if that's what speaker boehner's talking about, then really, it's not going anywhere. now, if he's talking about what we call...
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speaker boehner spoke with abc. let's listen to what he had to say about that interview. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. putti putting increased revenues on the table, but through reforming our tax code. and i would do that if the president were serious about solving our spending problem, and trying to secure our entitlement programs. >> reporter: so there you have it. he said raising tax rates is unacceptable. this is really the new slash old mantra. he says, again, revenues are on the table, but they have to come from the right place, which means tax reform and not raising rates on higher earners, so we're likely to hear more of that today. i spoke with a spokesman who said right now, no scheduled meetings between principles or staff. we're going to hear him continue to make the same points, most likely, ashleigh. >> all right. athena jones, thank you for that. we'll continue to follow and wait for those remarks, too. >>> so now i'm going to move on to this. it'
speaker boehner spoke with abc. let's listen to what he had to say about that interview. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. putti putting increased revenues on the table, but through reforming our tax code. and i would do that if the president were serious about solving our spending problem, and trying to secure our entitlement programs. >> reporter: so there you have it. he said raising tax rates is unacceptable. this is really the...
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where boehner is saying let's deal with this in 2013. he's actually trying to get this off the lame duck altogether, which is the way to ensure there's not a big deal. so in addition to the question about whether we are going to see a ball loance of revenues a spending cuts is whether we're going to get a big deficit deal which the president clearly wants and thinks is important. what you're hearing from boehner and mcconnell in washington speak is we don't want a deal, we don't want to go off the cliff and the only thing left is to punt. and i think that's a dangerous place as well because this is the issue one of the few times congress might be forced to actually do its job and get a budget passed for the american people. so when this question comes up about the bigger issue are we going to get a deal or not, what i'm hearing from boehner is no and the president yes. >> but the president's leverage doesn't go away if you punt for six months. i mean, it's not clear to me -- i agree with you that's one way to read the boehner/mcconnell p
where boehner is saying let's deal with this in 2013. he's actually trying to get this off the lame duck altogether, which is the way to ensure there's not a big deal. so in addition to the question about whether we are going to see a ball loance of revenues a spending cuts is whether we're going to get a big deficit deal which the president clearly wants and thinks is important. what you're hearing from boehner and mcconnell in washington speak is we don't want a deal, we don't want to go off...
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that's what john boehner said we need to see. in reform you get more revenue, but not necessarily by taxing the people who could create the revenue and the jobs. >> austan, before he answers, i'm going to interrupt you. i'll let you answer on the other side. >> 350,000 jobless claims last week, drop from 8,000 claims from the week before and i'm going to go out on a limb and say hurricane sandy, this is the first number we've seen superstorm sandy mess up. we're going to start to see -- if you were hunkered down waiting for a hurricane you weren't necessarily going out to file first time unemployment benefits, were you? from here on out that's a good question for austan, too. we'll start to see a lot of noise in the economic reports as we try to figure out if the economy is healing because of sandy. >> first back to the tax reform question. can you answer that? >> therein lies the rub of the statement yesterday. if by raising revenue through tax reform meant let's go in and figure out how we broaden the base and get rid of deduct
that's what john boehner said we need to see. in reform you get more revenue, but not necessarily by taxing the people who could create the revenue and the jobs. >> austan, before he answers, i'm going to interrupt you. i'll let you answer on the other side. >> 350,000 jobless claims last week, drop from 8,000 claims from the week before and i'm going to go out on a limb and say hurricane sandy, this is the first number we've seen superstorm sandy mess up. we're going to start to...
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. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everybody knows that something has to get done because the economy will take such a serious hit if it doesn't. here is where i see the battle line right now. republicans on capitol hill tell me they are willing to raise revenue. that's a big change. they are willing to raise revenue, but without a change in the tax rates. the president has said that the highest earning americans have to pay more. congressional republicans saying no change to the tax rates. that's a big difference of opinion. they'll have to find a way to bridge that divide. beyond that, they're willing to compromise on entitlements. they're willing to find cuts, so there does seem to be room for compromise. there's also a willingness to get something done an
. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everybody knows that something has to get done because the economy will take such a serious hit if it doesn't. here is...
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president obama and house speaker john boehner haven't budged. yesterday we heard of talk of olive branches and reaching across the aisle. but this evening speaker bonner said this to abc news. >> raising tax rates is unacceptable and frankly couldn't even pass the house. i'm not sure it can pass the senate. >> he could be right about that. he's talking about raising tax rates. jessica yellin reminded us today that the white house has vowed to veto any bill that doesn't extend the bush tax cuts for families making $250,000, less than $250 a year. he's been very explicit. tax rates will be raised for people who make more than that amount of money. so how did the president respond to john boehner's line in the sand? well we haven't heard from him since he returned to washington yesterday. we were told though by the white house this evening he'll make a statement on the fiscal cliff tomorrow but as far as what we know right now the administration says the president has already laid out his plan. it's a plan he says would cut the deficit by $4 trilli
president obama and house speaker john boehner haven't budged. yesterday we heard of talk of olive branches and reaching across the aisle. but this evening speaker bonner said this to abc news. >> raising tax rates is unacceptable and frankly couldn't even pass the house. i'm not sure it can pass the senate. >> he could be right about that. he's talking about raising tax rates. jessica yellin reminded us today that the white house has vowed to veto any bill that doesn't extend the...
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both the president and house speaker boehner said they are open to compromise, but tax hikes on the rich are a sticking point. >>> number three, the teen girl shot in the head by the taliban for trying to go to school in pakistan is now walking and reading and writing and smiling. this is new video of malali youssufzai. she received international support and thousands of get-well cards. today marks one month since the attack. >>> people who were made homeless by superstorm sandy are finding some relief courtesy of fema. fema has set up a temporary shelter camp in new jersey that looks like a massive tent city. it houses more than 200 people affected by the storm, as well as thousands of utility workers and first responders. thousands of them. but fema officials say sandy evacuees will be moved into better housing this week. >>> number five now, the ceo of the popular southern restaurant chain waffle house has been accused of sexual improprieties by his former assistant. she is accusing him of "performing sexual services including inappropriate touching and appearing naked in front of her
both the president and house speaker boehner said they are open to compromise, but tax hikes on the rich are a sticking point. >>> number three, the teen girl shot in the head by the taliban for trying to go to school in pakistan is now walking and reading and writing and smiling. this is new video of malali youssufzai. she received international support and thousands of get-well cards. today marks one month since the attack. >>> people who were made homeless by superstorm...
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we're hearing from speaker boehner, we're hearing from the president. tell me more about how markets are reacting. >> first of all, you look at how the markets are doing, they are pretty flat. triple digit plunge made any real gains that we saw in the market today they fizzled out, brooke, right after president obama's speech. the dow up more than 70 points before we spoke to the nation about the looming fiscal cliff. and you saw the gains slowly but surely disappear. didn't deliver anything new. that's how the market sees it. more of a call to action. investors are nervous and they're showing it. look how the dow did the past couple of days. two days, between wednesday and thursday, it fell 430 points. more than 430 points. as you can see, it's wavering all day today. you know, investors, they have been moving money into bonds. that's a safer investment. they don't feel like they want to leave their money and stocks. it's a clear sign that wall street wants to hear more and wants more clarity on the fiscal cliff. brooke, with no end in sight, it is fea
we're hearing from speaker boehner, we're hearing from the president. tell me more about how markets are reacting. >> first of all, you look at how the markets are doing, they are pretty flat. triple digit plunge made any real gains that we saw in the market today they fizzled out, brooke, right after president obama's speech. the dow up more than 70 points before we spoke to the nation about the looming fiscal cliff. and you saw the gains slowly but surely disappear. didn't deliver...
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having said that, i think john boehner, speaker boehner has shown his willingness to work out an agreement here. that can be done by affecting deductions, loopholes that would include those in the upper brackets so that the president could get the revenue that he says he's looking for, but it would be done in a way that tax rates are not increased. therefore, we believe that would not slow economic growth. i think there's enough on the table if both sides want an agreement, i think john boehner has put enough on the table that an agreement can be reached, and as far as republicans getting clocked in the last election, the fact is we still have a very large majority in the house of representatives, so it could be said that while president obama won and he did win, the fact is in the congress the american people have returned a republican house of representatives so we also have, if you want to call it a mandate. i don't like to get into that terminology. but having said that, i don't think there's any mandate, it's to try to reach common ground, and i think speaker boehner has put enough on
having said that, i think john boehner, speaker boehner has shown his willingness to work out an agreement here. that can be done by affecting deductions, loopholes that would include those in the upper brackets so that the president could get the revenue that he says he's looking for, but it would be done in a way that tax rates are not increased. therefore, we believe that would not slow economic growth. i think there's enough on the table if both sides want an agreement, i think john boehner...
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john boehner came out and spoke. i heard a lobbyist saying the american people don't have patience, we have to get this done right a way to a very senior democratic leader of the senate and that seems to be case. we'll talk about that and why the president so far has been silent on that issue. plus tonight wolf and kate ann stevens will receive an award for her brother the common ground award from the secretary of state. she also met with the president today a and his national security adviser. ann stevens will be our guest tonight in her first u.s. television interview. >> the sister of the slain u.s. ambassador libya. good idea. i'm looking forward to that. thanks, erin. thieves carry out a dramatic heist rolling up to a jewelry store inside a london mall. get this on motor bikes and it's all caught on tape. dad vo: ok, time for bed, kiddo. lights out. ♪ (sirens) (train horn) ♪ vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. [ male announcer ] a europea
john boehner came out and spoke. i heard a lobbyist saying the american people don't have patience, we have to get this done right a way to a very senior democratic leader of the senate and that seems to be case. we'll talk about that and why the president so far has been silent on that issue. plus tonight wolf and kate ann stevens will receive an award for her brother the common ground award from the secretary of state. she also met with the president today a and his national security adviser....
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he called house speaker john boehner yesterday. house leaders from both parties conceding tuesday's election was a call to compromise. >> there's an alternative to going over the fiscal cliff. by working together and creating a fairer, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw any lines in the sand, i don't believe, and i think we need to work together. >> the ceo of a global asset management firm put the odds at 30 to 40% that the u.s. will fall off the fiscal cliff. let's hope he's wrong. >>> governor john hickenlooper of colorado says don't break out the cheetos or the goldfish, at least not yet, after voters passed a ballot measure legalizing the recreational use of marijuana. that's setting up a looming legal battle with the justice department. we have this statement from the dea. "the drug enforcement administration's enfo
he called house speaker john boehner yesterday. house leaders from both parties conceding tuesday's election was a call to compromise. >> there's an alternative to going over the fiscal cliff. by working together and creating a fairer, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw...
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. >> so that was the president, and here's speaker boehner. >> on wednesday, i outlined a responsible path forward to avert the fiscal cliff without raising tax rates. about 24 hours after i spoke, the congressional budget office released a report showing the most harmful consequences of the fiscal cliff come from increasing tax rates. >> what speaker boehner did not mention was the cbo report said raising the top rate would only shave 1% of 10% off economic growth and only temporarily. those were the two open conditions in washington's showdown since the disaster. budget negotiators reconvene next week to try, in the words of one aide, to assess where they are. that's what puts republicans where they are in election 2012. it depends on who you ask or how you ask the question, what happened on tuesday night? gop strategist mary matalin, and david fromm, author of "why romney lost and what the gop can do about it." president obama and speaker boehner have said a lot of right things talking about compromise and cooperation, but on taxes, it seems the gap between the two sides is as big
. >> so that was the president, and here's speaker boehner. >> on wednesday, i outlined a responsible path forward to avert the fiscal cliff without raising tax rates. about 24 hours after i spoke, the congressional budget office released a report showing the most harmful consequences of the fiscal cliff come from increasing tax rates. >> what speaker boehner did not mention was the cbo report said raising the top rate would only shave 1% of 10% off economic growth and only...
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house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him sort of setting the scene and explaining to the american people what is at stake here, some of the things that christine outlined. we know that yesterday the cbo, congressional budget office put out a report saying that really the stakes here, that you could see the country sink into recession next year if we went off the fiscal cliff, that the unemployment rate could jump almost 2%. these are very serious things. this is post election. president obama's chance to kind of turn people's attention to this. and to urge congress to work together and to act. you heard him on tuesday night in chicago talking about the imp
house speaker john boehner says he's ready to talk. >> talk about all kinds of things we may disagree on. i'm the most reasonable, responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> brianna keilar is at the white house. so, brianna, what do you expect president obama to say in this afternoon's remarks? >> reporter: carol, i think this is really going to be him...
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listen to what john boehner said about being reasonable. some rhetoric that's very con silltory. >> we talk about all kinds of things we may disagree on. i'm the most reasonable responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> reporter: now the important thing that speaker boehner said, soledad, was that increased revenue would be on the table. so that's the thing to tell you that there may be some middle ground. of course, the devil is in the details. the idea here, though, is that if a framework could be worked on, you may see deductions close, tax credits go away. some deductions, some loopholes closed. and, you know, a lot of people -- even if they're in that top income bracket where they're supposed to be paying 35% or that's the maximum they would pay, some of them effectively are not paying that. they still could be paying more in tax dollars. that could create more revenue. yet the tax rate itself could not go up. com
listen to what john boehner said about being reasonable. some rhetoric that's very con silltory. >> we talk about all kinds of things we may disagree on. i'm the most reasonable responsible person here in washington. the president knows this. he knows that he and i can work together. now the election is over. now it's time to get to work. >> reporter: now the important thing that speaker boehner said, soledad, was that increased revenue would be on the table. so that's the thing to...
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i think one of the difficulties is speaker boehner is in a tough spot. he's got about a third of his caucus that ran as tea party candidates or tea party supported and part of their agenda was no compromise. you're finding out that you can't govern that way and so he's got to figure out a way to bring them along as he deals with the president on the other side. but i think it can be done. there is good faith and goodwill that make it possible even when there is strong disagreement. >> so then as it pertains to boehner, do you feel like he is receiving greater pressure from the caucuses, as you just described, or greater pressure from the electorate? because in boehner's message on friday, he did say, quote, the american people re-elected a republican majority but at the same time, i guess you can't have it both ways because we are looking at electorate, a popular vote who wanted the president to be here, they want the two sides to work together? >> i think the election problem helps him in terms of his caucus, that is to say, it's a pretty sobering reali
i think one of the difficulties is speaker boehner is in a tough spot. he's got about a third of his caucus that ran as tea party candidates or tea party supported and part of their agenda was no compromise. you're finding out that you can't govern that way and so he's got to figure out a way to bring them along as he deals with the president on the other side. but i think it can be done. there is good faith and goodwill that make it possible even when there is strong disagreement. >> so...
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john boehner will accept higher tax revenues but not higher tax rates. explain that. >> you do that two-ways. it's no the that kblikted. first, you have to get the economy growing faster. we all agree that the best way to bring this deficit down is to get the growth back up to 3% to 4% to 5%. number two, when we talk to republicans, what they tell me, ali, i had a discussion with mitch mcconnell on this, he said we're willing to put the high revenues on the table. we're willing to get -- close the loopholes and the tax system, get rid of a lot of the carveouts. and a lot of those carveouts the people who benefit from those are rich people. i think republicans are willing to compromise on this. i have to say this. i'm frustrated with all of you on this because, yes, we have a fiscal cliff that's going to hit on january. but let's not forget the whole context of this. we are running $1.2 trf did he ever sits. >> david walker is banging on this drum as well. >> the key is we have to avoid the fiscal cliff. we also have to address the much bigger fiscal abys
john boehner will accept higher tax revenues but not higher tax rates. explain that. >> you do that two-ways. it's no the that kblikted. first, you have to get the economy growing faster. we all agree that the best way to bring this deficit down is to get the growth back up to 3% to 4% to 5%. number two, when we talk to republicans, what they tell me, ali, i had a discussion with mitch mcconnell on this, he said we're willing to put the high revenues on the table. we're willing to get --...
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can speaker boehner get his own troops in line? that's the fundamental question. >> there is an argument to be made, will. the president is supposed to lead the country, use his bully pulpit to get things done. why can't he use his bully pulpit to bring the two sides together? >> it depends on his desire for that. you heard roland laugh and me say right because he's not going to do that because he doesn't want to do that. by the way he's going to create a new secretary of business he has talked about, some kind of business department above and beyond secretary of commerce. maybe there's a position there, but he's just not going to fill it with mitt romney. this morning there seems to be a love affair with the idea of compromise. fine. okay, fine. bipartisanship. it can't mean what roland just defined it to mean that people who have legitimate disagreement lay down the disagreement to the side that won the most recent election. that's not democracy. you don't win election and suddenly everyone else has to agree with you. compromise
can speaker boehner get his own troops in line? that's the fundamental question. >> there is an argument to be made, will. the president is supposed to lead the country, use his bully pulpit to get things done. why can't he use his bully pulpit to bring the two sides together? >> it depends on his desire for that. you heard roland laugh and me say right because he's not going to do that because he doesn't want to do that. by the way he's going to create a new secretary of business...
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both president obama and house speaker john boehner say they are willing to negotiate. but tax hikes are a sticking point. president obama will meet with congressional leaders on the issue next week. >>> and in florida, it is all over, but the vote count, as the state tries to finalize its tally of the presidential election. unofficial results are due to the secretary of state by noon today. cnn has yet to project a winner, but president obama enjoys a 60,000 vote lead over mitt romney. >>> happy birthday to all the men and women serving in the marines around the world. today marks the 237th anniversary for the u.s. marine corps. they were founded in 1775. now, to celebrate, some will have birthday cake, some will hold special ceremonies, others will raise money for charity. >>> in washington state, prosecutors are throwing out 175 marijuana possession cases, that's because on tuesday voters there passed a ballot initiative that legalizes pot, so prosecutors in two counties, including seattle, drop cases that would no longer be punishable under the new law. the law tech
both president obama and house speaker john boehner say they are willing to negotiate. but tax hikes are a sticking point. president obama will meet with congressional leaders on the issue next week. >>> and in florida, it is all over, but the vote count, as the state tries to finalize its tally of the presidential election. unofficial results are due to the secretary of state by noon today. cnn has yet to project a winner, but president obama enjoys a 60,000 vote lead over mitt...
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i think john boehner was very clear that everything is on the table with respect to revenue reductions -- revenue increases as well as spending reductions, but there are certain things that aren't. and i think what john boehner said is right, we should not be increasing tax rates on businesses in america. so i think you're going to look at it from the standpoint of can we tighten the tax code, limit deductions? there are things we can do to simplify the code that will result in more revenue because it will result in more growth. i think republicans absolutely should put those things on the table and revenue certainly should be part of the deal. >> some people are blaming you for mitt romney's failure, and i'll explain to you why. >> i wish i had such power here that i could be blamed for these things. >> allow me to elaborate. what they're saying is if he hadn't been pushed into fairly right wing quite extreme positions in his battle against the likes of you early this year for the public nominee race, then he wouldn't have gotten himself in this unholy mess of being branded against wo
i think john boehner was very clear that everything is on the table with respect to revenue reductions -- revenue increases as well as spending reductions, but there are certain things that aren't. and i think what john boehner said is right, we should not be increasing tax rates on businesses in america. so i think you're going to look at it from the standpoint of can we tighten the tax code, limit deductions? there are things we can do to simplify the code that will result in more revenue...
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republicans thus far said no to the tax increase, although john boehner has said more revenue. should republicans in congress be afraid of a tea party primary if they support a deal that includes tax increases? >> you know, i'm not going to, i'm not going to talk about primaries now because we're just three or four days away from this last election and next one is, obviously, two years away. we have this fiscal cliff to deal with and what i hope is that somehow we can find some common ground and a winning solution for all americans. and, you know, everybody wants to talk about tax increases. well, you know, why don't we close some of these loopholes so that these corporations, ge, apple, others, you know, pay taxes here in this country. because that would bring in some revenue. so, there's other ways to bring revenue instead of just taxing the citizens across this country. the problem is that eventually you run out of other people's money. you can tax people all you want, but, eventually, they're going to pay all their money to taxes and there's going to be no more money. we ha
republicans thus far said no to the tax increase, although john boehner has said more revenue. should republicans in congress be afraid of a tea party primary if they support a deal that includes tax increases? >> you know, i'm not going to, i'm not going to talk about primaries now because we're just three or four days away from this last election and next one is, obviously, two years away. we have this fiscal cliff to deal with and what i hope is that somehow we can find some common...
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we've heard from john boehner, we've heard from the president. we are lacking details, but it seems to me we're ahead in this conversation than we have been in the last six months. where do you see this going as the guy who looks into the credit risk of everybody in the world? >> i want to extrapolate, ali, from every experience in california. we voted for higher taxes in order to fund better education. and i think people are recognizing that fiscal sustainability has a newman rart and a deno, ma'minator. the numerator is about sustaining growth and paying debts. i think it's known that we need to establish both. it's not going to be a big jump, and i think richard is correct in reminding us this is a long haul, and let's focus on both the numerator and the denominator. >> the point steven has just made, and i will point out as well, you cannot have it both ways. you cannot remind us on the one hand that there is a $1.6 trillion deficit and on the other hand say we won't have tax raised. >> this is america. we've been doing that for 25 years. >>
we've heard from john boehner, we've heard from the president. we are lacking details, but it seems to me we're ahead in this conversation than we have been in the last six months. where do you see this going as the guy who looks into the credit risk of everybody in the world? >> i want to extrapolate, ali, from every experience in california. we voted for higher taxes in order to fund better education. and i think people are recognizing that fiscal sustainability has a newman rart and a...
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how much of the responsibility lays with him and speaker boehner? >> people want cooperation on both sides. the issue at hand will be the fiscal cliff and our budgetary situation. the president's put a proposal forward, it's incumbent on the speaker to say, what they would be willing to do and not simply say, it's not our responsibility. irthi i think people expect everyone to live up to their responsibilities. and one thing that is clear as i moved around the country with the president is that they're hungry for that kind of cooperation. i hope that people will come with a renewed sense of cooperation. because it will take that to solve problems. let me just say one other thing, though, you mentioned that not much has changed. actually what is interesting is you have these super pacs spending literally billions of dollars to defeat the president and democrats running for congress. well, the president was re-elected. you have more democrats in the senate than you did before. more democrats in the house than you did before. and one heartening thing t
how much of the responsibility lays with him and speaker boehner? >> people want cooperation on both sides. the issue at hand will be the fiscal cliff and our budgetary situation. the president's put a proposal forward, it's incumbent on the speaker to say, what they would be willing to do and not simply say, it's not our responsibility. irthi i think people expect everyone to live up to their responsibilities. and one thing that is clear as i moved around the country with the president...
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. >> speaker john boehner, like wise, struck a tone and drawing a hard line saying everything is up for negotiation. >> clearly, the deficit is a drag on our economy. and we can't continue to spend money we don't have. i don't want to box myself in or anybody else in. i think it's important for us to come to an agreement for the president, but this is his opportunity to lead. >> the senate has already passed legislation that would raise taxes on those making more than $250,000 while preserving the bush tax cuts for the middle class. the latest now on tuesday's election. the president's margin of victory has now increased. he now has a 51% edge over romney in the national popular vote. that is up from a tie that we saw on election night. but down in florida, they are still counting the ballots. officials have until noon today to submit unofficial results to the secretary of state. cnn has yet to project a winner there, but with 97% of precincts reporting, president obama has a lead over romney. the romney campaign has conceded the race in florida. and for the first time since superstorm
. >> speaker john boehner, like wise, struck a tone and drawing a hard line saying everything is up for negotiation. >> clearly, the deficit is a drag on our economy. and we can't continue to spend money we don't have. i don't want to box myself in or anybody else in. i think it's important for us to come to an agreement for the president, but this is his opportunity to lead. >> the senate has already passed legislation that would raise taxes on those making more than $250,000...
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i thought john boehner was emphatic when he said they're willing to open it with the right framework. thing this is a two-step deal. i think it's too ambitious with too little time to get to the grand bargaining, the so-called lame duck session of the continuation. but i think you can scrape together enough to avoid sigh kwenltd strain. remember, they have to come up with only about $100 bill to set that aside. between spending cuts and loophol loopholes, i think you have to raise that. >> onpodesta, does the magts work, though, which is if you close produkz for the wealthy people, can you raise enough revenue? >> i think that's the fund mental question. >> well, i thnk the -- you know, this baurng the really contentious issue in the campaign. i think the only way do that is to take enough of a bite out of the plan. >> thing what the republicans would argue, david, is that the big problem is tax hikes are here to say and spending cutting tend to fritter away. is there a way do it to put away super majority, which is to say if you now want to go outside of this framework and raise spen
i thought john boehner was emphatic when he said they're willing to open it with the right framework. thing this is a two-step deal. i think it's too ambitious with too little time to get to the grand bargaining, the so-called lame duck session of the continuation. but i think you can scrape together enough to avoid sigh kwenltd strain. remember, they have to come up with only about $100 bill to set that aside. between spending cuts and loophol loopholes, i think you have to raise that....
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and john boehner, as well. and we cincinnatiens as speaker boehner may say, is that we can get to the table and we can negotiate. he's already sent a signal that he wants to do that and i believe that president obama wants to do that, too. they both have an interest. the white house line is saying we don't have a deal here we're going to go into recession while boehner is saying business is telling him, hey, let's stop the bonds market from falling apart and make sure that we can pay our national debt. >> republican strategist oliver mcgee. let's hope for a kumbayah moment. richard socarides, thanks to you both this morning. >> thank you. >>> mystery surrounds a missing american journalist thought to be held hostage in syria. coming up, his parents' emotional appeal and why some say the clues found in a video that they just don't add up. there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone repla
and john boehner, as well. and we cincinnatiens as speaker boehner may say, is that we can get to the table and we can negotiate. he's already sent a signal that he wants to do that and i believe that president obama wants to do that, too. they both have an interest. the white house line is saying we don't have a deal here we're going to go into recession while boehner is saying business is telling him, hey, let's stop the bonds market from falling apart and make sure that we can pay our...
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plus, president obama and speaker boehner square off over the fiscal cliff, but someone has to give. who will it be? still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now when you come in, you can trade up to get a total value of $8,000 on a 2012 chevy silverado all-star edition. from outstanding value to standing the test of time, chevy runs deep. but what about your wrinkles? neutrogena® rapid wrinkle repair visibly reduces fine lines and wrinkles in just one week. why wait if you don't have to. neutrogena®. with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepres
plus, president obama and speaker boehner square off over the fiscal cliff, but someone has to give. who will it be? still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now when you come in, you can trade up to get a total value of $8,000 on a 2012 chevy silverado all-star edition. from outstanding value to standing the...
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speaker boehner says this without getting into too much detail. i saw a poll just before the election, 65% of americans were quite happy for people earning more than a quarter of a million dollars a year to pay more tax. how long can the republicans led by the grover norquist gang sustain a position of there is zero movement or flexibility for any increased taxation when most americans think it's perfectly reasonable given there's a $16 trillion debt that the wealthiest should pay more tax? >> let's give some examples of where the two sides could come together. let's say that if you're president obama hypothetically you wanted to have the wealthy pay more, for example, within entitlement reform i think you could get a bipartisan coalition of people to say in the future, not for current recipients but in the future, we're going to means test certain aspects of entitlement benefits and that the wealthy will either pay more or won't qualify for as much. in the area of the tax code, i think you could get agreement to say that certain deductions, exemp
speaker boehner says this without getting into too much detail. i saw a poll just before the election, 65% of americans were quite happy for people earning more than a quarter of a million dollars a year to pay more tax. how long can the republicans led by the grover norquist gang sustain a position of there is zero movement or flexibility for any increased taxation when most americans think it's perfectly reasonable given there's a $16 trillion debt that the wealthiest should pay more tax?...
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plus, president obama and speaker boehner square off over the fiscal cliff, but someone has to give. who will it be? [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. tdd#: 1-800-345-2550 you know, the one that's been lying around. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 rollover your old 401(k) to a schwab ira, and we'll help you tdd#: 1-800-345-2550 find new ways to make your money work harder. tdd#: 1-800-345-2550 so if you're ready to teach your old 401(k) some new tricks... tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 talk to chuck. tdd#: 1-800-345-2550
plus, president obama and speaker boehner square off over the fiscal cliff, but someone has to give. who will it be? [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. [ male announcer ] the rhythm of life. [ whistle blowing ] where do you...
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that doesn't seem like it'll be a go for john boehner, does it? >> no, at least at this point it doesn't. after all, the republicans want those tax cuts to continue. that's really the nub of it. how far they'll go, it's a very important meeting. this is really it. this is where the president weighs in. it's mano a mano. the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more revenue. the government spends too much as it is. if democrats are willing to reduce spending and strengthen entitlement programs, which we all know are on an unsustainable path that threatens our own long-term viability and the economic well-being of our children and grandchildren, then we'll be there. what we won't do is raise tax rates. >> okay. so read the fine print. raise tax rates. now, there's a difference between raising tax rates and raising revenue, making people pay more by doing things which the republicans have suggested like, you know, capping loopholes o
that doesn't seem like it'll be a go for john boehner, does it? >> no, at least at this point it doesn't. after all, the republicans want those tax cuts to continue. that's really the nub of it. how far they'll go, it's a very important meeting. this is really it. this is where the president weighs in. it's mano a mano. the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more...